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Sales returns and allowances: Multiple Choice are not included on most externally reported income statements are offered as a way to encourage customers to make

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Sales returns and allowances: Multiple Choice are not included on most externally reported income statements are offered as a way to encourage customers to make prompt payment would include terms 2/15, n/60" which allows the customer to take a 15% discount if paid in 2 days are included on external financial statements to allow investors to compare the company's results with industry standards

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